TOTAL3 Bearish Outlook
Updated
TOTAL3 Market Cap could drop to 380-375B USD, hopefully not lower.
4H candlestick chart indicates exhaustion and RSI has reached oversold for the first time since 9th october, indicating a downtrend.
4H candlestick chart indicates exhaustion and RSI has reached oversold for the first time since 9th october, indicating a downtrend.
Note
TOTAL3 reached 416B. Could still rise to 420B or 425B but i still think we would get a major pullback unless there is some big bullish news like Bitcoin ETF approved, then the market cap would skyrocket.
Note
TOTAL3 has dropped to 410B. As i previously mentioned the MC could go higher if there is some big bullish news. If there aren't any then we will consolidate here for a long time waiting to go bullish or bearish (Sideways).Consolidation area is around 390-420B, 4H time frame.
Trade closed: stop reached
TOTAL3 closed higher than 432B in weekly timeframe, consolidation is over with a bullish continuation. Will post more about this soon.
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